NOT LISTED FOR SALE

Estimated Value: $124,000 - $144,000

5 Beds
3 Baths
1,453 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $86,000 $59 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $872/month

7 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 3-minute walk to Dale Street Park
  • Landscaped with Trees

About This Home

As of January 2016

Great potential on these 2 homes and a large garage> Owner could live in one unit and rent other or keep both tenants and have great income. Seller has selected United Escrow to close the transaction at no fee to the Buyer.

Last Agent to Sell the Property

Rick Arnold

United Real Estate Solutions Listed on: 11/12/2015

United Real Estate Solutions

Last Buyer's Agent

Arcelia Vilchis Carrillo

Coldwell Banker Associated Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1900

Lot Details

  • 6,650 Sq Ft Lot
  • Stone Retaining Walls
  • Landscaped with Trees

Parking

  • 3 Car Detached Garage
  • Three Garage Doors
  • Driveway

Home Design

  • 1,453 Sq Ft Home

Schools

  • North Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 248700

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $150,000
  • Net Operating Income $146,448

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,927

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Retaining Wall, Trees
  • Legal Description: Higman Blvd Lot 20 block 1
  • Newspaper: Yes
  • Year Built: 1900
  • School Middle Junior: North Middle
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1453
  • Main Level Sq Ft: 1162
  • Sq Ft 2nd Level: 290
  • Price Per Sq Ft: 59.19

Garage/Parking

  • Garage Type: Detached, Triple
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 3

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City
  • Water Sewer Expenses: 875

Schools

  • Middle School: North Middle
  • High School: North High

Lot Info

  • Acres: 0.15
  • Lot Sq Ft: 6650
  • Parcel Number: 248700
  • Land Assessment: 8300

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Owner

Tax Info

  • Year: 2014
  • Gross Taxes: 1927
  • Tax Class: NHS

Multi Family

  • Rental Income: 1250
  • Electric Separate By Unit: Yes
  • Gross Income: 150000
  • Heat Separate By Unit: Yes
  • Number Of Units: 2

MLS Schools

  • School High: North High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2010
Sold by
Pham Cong
Bought by
Ngo Tan and Ngo Huong
Current Estimated Value
$135,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ngo Tan $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngo Tan $14,198
Closed Ngo Tan $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2016 01/07/16 Sold $86,000 -4.4% $59 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $89,950 -- $62 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,834 $105,600 $13,000 $92,600
2023 $1,544 $105,600 $13,000 $92,600
2022 $1,518 $77,000 $11,900 $65,100
2021 $1,518 $77,000 $11,900 $65,100
2020 $1,484 $70,700 $4,000 $66,700
2019 $1,630 $72,200 $0 $0
2018 $1,610 $72,200 $0 $0
2017 $1,354 $59,700 $0 $0
2016 $1,338 $59,700 $0 $0
2015 $1,468 $59,700 $3,400 $56,300
2014 $1,475 $64,500 $4,700 $59,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 713056

Northwest Iowa Regional Board of REALTORS®

APN: 894721462018